How electric scooters are reshaping cities

One of the biggest stories in technology this year is the exploding popularity of Bird, Lime, Skip, Spin and Scoot. They’re all electric scooter-rental services, and their vehicles are suddenly buzzing along city streets and sidewalks around the world. These startups allow riders to locate and unlock scooters with an …

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Brainworks confident about economy

Property Reporter One of the country’s top players in property and tourism sectors, Brainworks Capital, believes the firm is poised to benefit from various infrastructure projects that are taking place in the country as President Mnangagwa’s Government prioritises economic development and growth. Brainworks Capital, which is listed on the Johannesburg …

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‘Promote integrity, stability’

Conrad Mwanawashe Recently in Nyanga Financial institutions should engage in thorough due diligence exercises to understand their clients and mitigate the adverse effects of criminal economic activity and promote integrity and stability in financial markets. This will also counter other forms of organised crime. Organised crime is estimated to generate …

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Gold edges lower

LONDON. — Gold prices edged lower for a second session yesterday as trade tensions between China and the United States helped to boost the dollar and weaken the yuan. US President Donald Trump said on Friday that he was ready to impose tariffs on virtually all Chinese imports, representing a …

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African Sun euphoric about conferencing, foreign visits

AFRICAN Sun Limited (ASL) has announced it will spend $2,1 million in the last quarter of 2018 on refurbishments to improve standards of its hotels and boost occupancy in the future. BY TATIRA ZWINOIRA Africa Sun plans to refurbish its hotels to bring them in line with international standards The …

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Delta in accelerated sustainability spending

DELTA Corporation (Delta) says it has invested at least $2,9 million in infrastructure-related corporate social investments under its integrated sustainable development framework. BY FREEMAN MAKOPA Sustainability is part of a global social justice and human rights agenda, which compels organisations of all kinds to assess the impact of their activities …

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Zimra embarks on tax administration reforms

THE Zimbabwe Revenue Authority (Zimra) says it is ready to contribute to a “new dispensation” through tax administration reforms, which seek to simplify tax rules and help taxpayers to meet regulatory requirements more effectively and efficiently. BY FREEMAN MAKOPA Zimra commissioner-general Faith Mazani Tax administration involves the implementation and enforcement …

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Zim resumes diamond auction

Martin Kadzere Senior Business Reporter Zimbabwe resumed diamond auction last week, but attracted fewer international buyers than expected, the Minerals and Marketing Corporation of Zimbabwe said. The auction – the third to be conducted this year – attracted 32 buyers mainly from Asia, the Middle East and Africa, MMCZ acting …

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‘SA is not actually in recession’

South Africa is not in a recession, despite the latest gross domestic product (GDP) figures released by Statistics SA, economist Roelof Botha said on Thursday. He was one of the speakers at the Momentum Consult annual conference. SA slipped into what is generally considered a technical recession — defined as …

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Govt declares nine SEZs

Tawanda Musarurwa Nine companies have been granted Special Economic Zone status in a development that will expedite Government’s drive to increase foreign direct investment (FDI) inflows. According to a Government Gazette published last Friday, the nine companies include Surewin Pvt Ltd; Iron Steel Company of Zimbabwe; Afrochine Pvt Ltd, Southpole …

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